Seaboard Finance Company

Company Deal

$40,000,000 5 1/4% sinking fund debentures due 1980

Transaction Type

Sinking Fund Debentures

Deal Description

Seaboard Financial Company added the net proceeds from this transaction to its general funds, which were available to pay indebtedness and to carry additional receivables, including receivables involved in the arrangements for taking over credit operations of Barker Bros. Corporation and W & J Sloane, Inc.